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es of >ls PRICE (Dollars per pound) 10 0 0 10 20 50 40 50 00 70 00 00 100 QUANTITY (Thousands of pounds of

es of >ls PRICE (Dollars per pound) 10 0 0 10 20 50 40 50 00 70 00 00 100 QUANTITY (Thousands of pounds of apples); Demand According to the midpoint method, the price elasticity of demand for apples between point X and point Y is approximately that the demand for apples is between points X and Y , which suggests

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